Medical Malpractice Insurance

Medical malpractice Insurance covers doctors and other professionals
from the medical fraternity for any liability claims arising out of
negligence or omission, while treating a patient. Medical Malpractice
Insurance cover is available for doctors and other health care
professional from financial liability.

Medical malpractice
is an occupational hazard for a doctor or a health-care provider, which
cannot be ruled out. The damages awarded to a victim due to medical
malpractice may reach the million-figure and the amount may further
exceed if punitive damages are imposed. Medical Malpractice Insurance,
thus, gives the financial shield to a medical community.

Medical
Malpractice Insurance is important for every medical professional as it
gives them enough room, if not fully to steer out of financial
liabilities arising from legal tangle. The lawsuits and claims have
become a common aspect and as such, medical malpractice insurance has
brought some respite for medical professional.

Medical
liability insurance was once offered by most of the insurance
companies. However, the going was not as smooth as expected by the
insurance companies. With the rising number of cases against medical
professionals, some of the insurance companies were forced to
discontinue their medical liability insurance, while other insurance
companies hiked their premiums drastically.

Impact Of High Cost Medical Malpractice Insurance

Medicos
guilty of medical malpractice were required to pay higher premiums like
rising auto insurance premiums, which went up with every ticket you
received. High-risk specialty areas were the worst hit, as they were
more prone to fall into the trap of malpractice claims, and they were
required to shell out a big share as premium.

The lack of
affordable medical insurance forced medical professionals, particularly
those engaged in specialized areas like orthopedics to retire early or
simply stop practice. In general, the health costs have skyrocketed
owing to this factor.

Despite, the higher number of lawsuits
and mounting costs, there are several insurance companies that offer
medical liability insurance directly through its own agent or by
independent agents. The Independent agents sell policies of various
companies and thus do not remain confined to a particular company.

Medical
professionals can seek advice of agents to select a policy according to
his need from the different policies available in the market. The
premium rate varies, so you cannot expect the premium rate of an
orthopedic surgeon to be at par with a medical practitioner. The
medical practitioners are advised to look at all the options before
zeroing in on a particular policy of a company as the premium rates are
fixed and cannot be negotiated.

Perhaps nothing makes good health a priority the way bringing home a newborn baby does. Thoughts of medical care and insurance often induce finance-related headaches but one major health insurer has recently begun recommending a very low-cost means of providing a do-it-yourself form of baby’s health insurance. Kaiser Permanente’s research division says simply turning on...

Related Articles:

Kaiser Permanente Insurance
The Kaiser Permanente insurance company’s Hawaii division began using electronic health records (EHRs) and a secure e-mail messaging system between physician and patient in 2004. The...

MD Health Insurance
When a medical emergency involves a child and he or she must see an MD health insurance can be a godsend. Unfortunately, not all children are covered under health insurance programs but,...

Temporary Health Insurance
Temporary health insurance plans are great for certain situations.
It is normally used to fill a gap while you are waiting to get long
term coverage from another source. For example, if you are...

Supplemental Health Insurance
Many people who have health insurance may not have enough to cover
their entire medical costs. A supplemental health insurance plan can
cover the costs not normally covered by their primary...

Student Health Insurance
If you are the parent of a college student who is no longer covered
under your insurance plan, you may wonder if they need student health
insurance. After all, we usually think of people in...

Short Term Medical
You buy a short term medical insurance to bridge the gap while you
are waiting for your usual medical insurance coverage to begin once
again. A short term insurance provides coverage for say one...

Personal Health Insurance
Personal health insurance is an important matter in anyone’s life.
Health insurance covers medical costs if you become sick due to natural
causes or through an accident. Some people work...

Oregon Health Insurance
If you are a small business owner, you may be concerned about Oregon
health insurance. Approximately 60% of all Americans have some type of
health insurance through their employer. If you would...

Medical Malpractice Insurance
Medical malpractice Insurance covers doctors and other professionals
from the medical fraternity for any liability claims arising out of
negligence or omission, while treating a patient. Medical...

Medical Insurance
Medical insurance can be a boon for you as well as your family in
situations of financial crunch that might occur due to medical
disbursals during accidents or some mishap out of the blue. Even...

Insurance Medical Temporary
The health insurance plans intended for a short-term are insurance
medical temporary plans; these plans are valid for limited period of
time. In this type of insurance, the insurer will cover...

Insurance Medical Short Term
Insurance medical short term is a temporary plan of insurance, which
covers high-limit medical expense for a comparatively smaller period
ranging from 30 days to 185 days. Short term medical...

Health Insurance Short Term
The other name for health insurance short term is temporary health
insurance. Short-term health insurance lessens the peril of an
unanticipated occurrence in the middle of a transitional period....

Health Insurance Quotes
Health insurance provides coverage to a policyholder’s medical
treatments. It pays the policyholder a negotiated percentage of the
total medical costs incurred. Without a health insurance...

Health Insurance Quote
You find yourself without health insurance. You want to find medical
coverage, but you need to compare plans to find one that you can
afford, yet also gives you the coverage you need. What do...

Health Insurance Leads
Health insurance leads are for agents and brokers who are looking
for customers who are requesting health care insurance. Someone may see
a commmerical on television, visit a web site, and...

Health Insurance In California
Health insurance in California has some unique features with
long-term results, which enable the residents of California to stay
fit, and healthy. The California state law requires health...

Health Insurance Florida
In the world of increasing costs, insuring yourself from illness,
accidents, medication and hospitalization has become a top priority.
Health insurance provides you such security, lest any...

Health Insurance Arizona
Before talking in particular about health insurance Arizona it is
essential for you to form an idea about the term health insurance.
Health Insurance is a kind of contract between you and the...

Health Insurance
Health insurance is an insurance plan in which the insurer is liable
to pay medical cost of the insured person in case the latter meets with
a medical emergency. The insurance company can be a...

Group Health Insurance
Many people worry today about not having health insurance. If you
are self-employed, you may find health insurance expensive, yet without
it, a single illness could ruin your finances. Small...

Georgia Health Insurance
If you are looking for Georgia health insurance, you may wonder what
type of plans are available. There are individual health insurance
plans that can cover a person or a family on one plan....

Florida Dental Insurance
Florida dental insurance plans are designed to save a lot both on
the cost of dental procedures and dental care. There are some dental
insurance plans that offer negligible rates and also enable...

Colorado Health Insurance
If you live in Colorado and need to purchase Colorado health
insurance, you need to know a little information about the plans
available to you. It is possible to find affordable, comprehensive...

Cheap Health Insurance
Before talking about cheap health insurance, you should know in
details about health insurance policies. It is a kind of contract
between you and the insurance company. According to the rules of...

California Health Insurance
As health care costs continue to rise in the United States, millions
of Americans are still without health care insurance. Some people avoid
health insurance because they think they cannot...

Individual Dental Insurance
Finally, A Cure For Bruxism Stop Teeth Grinding And Clenching
Individual dental insurance is a form of insurance plan, which provides insurance coverage for several dental medications. With...

Health Insurance Company
Get Back Your Health QUIT SMOKING TODAY!
Picking your health insurance company can be a big decision. You want a health insurance company that is reliable and trustworthy when you are in need...

Health Insurance Companies
Get Back Your Health QUIT SMOKING TODAY!
The concept of Health Insurance came into existence over three hundred years back. But even today there are a lot of controversies regarding this...

Affordable Health Insurance
Everybody must be covered by a health insurance as it is the only
way to take care of future unexpected and costly health expenses thus
reducing financial burden. For this, you need to search...